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Free AccessWhite House: Biden's SOTU Put Republicans On The Defensive
White House Press Secretary Karine Jean-Pierre has told reporters that President Biden's State of the Union speech yesterday put Republican "on the defensive" when he "called out" Republican members over proposed social security and Medicare cuts "on live television."
- Jean-Pierre: "Members of the Republican caucus have repeatedly for many, many years tried to cut Medicare and social security, to privatise it, raise the retirement age and put it on the chopping block."
- Jean-Pierre said that "Americans don't want to see that" in reference to jeering and boos from some Republican lawmakers during Biden's SOTU speech.
- Jean-Pierre also said that Biden doesn't currently have plans for a second meeting with House Speaker Kevin McCarthy (R-CA) on the debt ceiling but there have "been conversations" between the White House and McCarthy's team.
- Jean-Pierre: "We want to see their plan [to cut government spending], we're still going to call out for their plan. We're going to put our budget out on March 9. Lets see exactly what they want to do."
To read the full story
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Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.